• The Future Business Diagnostic Model: The Core to Successful Business Sustainability in the 21st Century

  Muriithi, Samuel M. (European Journal of Research and Reflection in Management Sciences, 2020)

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  Abstract:

  The doctor’s ability to diagnose the correct illness can determine life or death of a patient. Failure to do the right assessment only worsen the situation and reduce patient’s chances of survival while application of the right diagnostic test gives hope and life. However, to get the correct results, the doctor not only needs the right knowledge, skill and experience or competencies, the proper tools must be used. Like a patient, organisations must do the right assessment and use the right tools or models to correctly identify and “treat” their “diseases”. A corporate CEO must have the right tools and competency to guarantee corporate survival and sustainability. This paper examines the importance of diagnosis as a mean to assess corporate current situation and re-position the corporate to attain strategic competitiveness. The paper proposes a new Future Business Diagnostics Model which is based on decades of world-wide research of different models and applications. The Future Business Diagnostics Model is also based on current challenges facing businesses such as digital and technology, leadership and structural, and COVID-19 pandemic challenges. The paper argues that the future businesses must be driven by six pillars, namely Innovation and Creativity, Technology, Culture, People, and right Structure and Business Process, all steered by visionary Strategic Leadership.

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  http://repository.daystar.ac.ke/xmlui/handle/123456789/3616

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  The Future Busi ... ty in the 21st Century.pdf   (740.8Kb)
• An investigation of Challenges facing Christian universities in Kenya: A case study of Pan Africa Christian University, Nairobi, Kenya

  Nderitu, Joyce W.; Minja, David; Muriithi, Samuel (International Journal of Management Sciences, 2014)

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  Abstract:

  With the upcoming private universities in Kenya confirms that there is fierce competition on funds, students, and right delivery of the higher education (Barnes in Kearney, 1994). The stiff competition is especially for students, and this competition can be won only on quality grounds (Abagi, Nzomo, &Otieno, 2005). The study was to identify the challenges facing Pan Africa Christian (PAC) University in gaining sustainable competitive advantage. It was also to establish sustainable strategies that the university was using to counter the challenges it is facing. The participants included university staff, faculty and students’ leaders. Based on the findings, it was concluded that challenges facing PAC University existed and they were expressed differently by various participants. Lack of funds was expressed as a major challenge at the University. Several recommendations were made to market and support the university with finances; University also needed to come up with ways of earning money by establishing more funding bases.

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  http://repository.daystar.ac.ke/xmlui/handle/123456789/3615

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  Challenges facing Christian Universities.pdf   (316.9Kb)
• The Impact of Covid-19 on African SMEs, Possible Remedies and Source of Funding

  Muriithi, Samuel M. (European Journal of Research and Reflection in Management Sciences, 2021)

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  Abstract:

  The negative effect of Covid-19 to the world economy is estimated to be $12 trillion by 2021. During the same period, over 400 million full-time jobs were lost globally by the second quarter of 2020. In Africa, the pandemic led to a negative growth of -5.1% by 2020 thereby plunging the continent into the worst recession in 25 years. For small and medium enterprises (SMEs) which employs between 70% and 90% of the population the effect of the COVID-19 Pandemic has been even more severe with 87% of business owners uncertain the future of their businesses. The biggest challenges to business survival were associated inadequate financing support, uncertainty, lack of government support and numerous measures meant to curb COVID-19 such as lock-downs. In Africa and elsewhere in the world, business survival, growth and sustainability is dependent on a paradigm shift and adoption of innovative business models and strategies. Such strategies include proactive planning, financial boosts, non-financial support and government incentives. For post-COVID-19 period specifically, a new thinking is essential. Such thinking including development of new business models, reshaping and redefining customer bases, an eye on business opportunities and establishment of reliable source of funding

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  http://repository.daystar.ac.ke/xmlui/handle/123456789/3614

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  The Impact of C ... and Source of Funding.pdf   (325.8Kb)
• African Small and Medium Enterprises (SMEs) Contributions, Challenges and Solutions

  Muriithi, Samuel M. (European Journal of Research and Reflection in Management Sciences, 2017)

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  Abstract:

  Small and medium enterprises (SEMs) are notably the engines that drive economic development. The businesses account for almost 90% of businesses in both leading and developing economies through job creations, employment, tax provision and contribution to Gross Domestic Product (GDP). However, in Africa, besides their critical and positive role, many SMEs face numerous challenges ranging from power shortage, lack of capital, poor management skills and competencies, and inadequate information and corruption. It is notable that most African governments give very little support to SMEs thereby neglecting a vital economic trigger and should form pillars of development. This paper explored the role played by SMEs, their contributions, challenges and solutions. The paper is based on empirical evidence and current research on SMEs worldwide with a major focus on African SMEs and how to improve their operations and profitability. The paper calls for African governments to develop policies favourable to SMEs development and put them in their development agenda. With appropriate legal framework, business infrastructure, continual power supply and accessible financial supply, SMEs stand to contribute to African development and position the continent as a competitive and innovative and create jobs to unemployed communities thereby providing income and essential goods and services the 1.2 billion Africans, forming a huge market

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  http://repository.daystar.ac.ke/xmlui/handle/123456789/3613

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  African Small a ... allenges and Solutions.pdf   (723.6Kb)
• Startup family businesses--Lesson from large successful family businesses

  Muriithi, Samuel M. (International Journal of Innovative Research and Advanced Studies (IJIRAS), 2017)

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  Abstract:

  Family businesses are the backbone of the world economic where they are associated with economic and social transformation. While majority of large family businesses perform better than corporate or public organisations, there are millions of such businesses that do not survive beyond their first generation of operation. The inability to succeed is associated to several challenges among them trying to accommodate all family members in the businesses, over-specialising and under-specialising in certain functional areas and creating expertise gaps, diverting funds away from businesses and inability to manage family conflict especially relating to generation succession. However, with good strategies to manage family members’ role in businesses, acquiring appropriate expertise, effective management of success across generations, promoting cohesions and talent management, such family businesses can survive across generations and decades. This paper is based on empirical evidences from existing researches and studies aimed at generating lessons that upcoming or start-up family businesses can learn from experienced and well established successful family businesses. The paper is based on over 6000 family businesses studied by leading world scholarly and research bodies. This makes the lessons therein not only credible but very valuable for upcoming family businesses, policy makers and government bodies, all interested in family businesses.

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  http://repository.daystar.ac.ke/xmlui/handle/123456789/3612

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  Start-Up Family ... sful Family Businesses.pdf   (462.2Kb)

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